118 Bensham Road

    118, BENSHAM ROAD, GATESHEAD, GATESHEAD, NE8 1PX

    This terraced freehold property on Bensham Road last sold in December 2007 for £132,500. Based on price growth in the NE8 district since then, its estimated current value is £185,683 — placing it in the 21st percentile nationally and the 72nd percentile within NE8. The property covers 85 m² (915 sq ft), giving an estimated value of £2,185 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £132,500

    Dec 2007

    Estimated Valuation

    £185,683

    Est. £/sq ft

    £203/sq ft

    £2,185/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateAug 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Dec 2007

    £132,500

    13 Oct 2000

    New build

    £62,250

    Key Metrics

    Estimated valuation£185,683
    Value per sq ft / m²£203/sq ft (£2,185/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile72nd percentile
    National percentile21st percentile

    District Context — NE8

    NE8 covers Gateshead and surrounding areas in Tyne and Wear, situated south of the River Tyne in the North East. It is a primarily working-class and lower-middle-income area with a significant rental market and strong community character.

    Average Property Price - NE8

    £157,635

    4

    National percentile

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    10-Year Annualised Price Growth - NE8

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE8

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